How much do homeowners pay a month in Belvidere Township, IL?
Homeowners with a mortgage in Belvidere Township, IL pay a median of $1,560 (±$88) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $738 (±$77).
57.2% of owned homes carry a mortgage.
In Belvidere Township, the median monthly cost with a mortgage went from $1,426 in 2015–2019 to $1,560 in 2020–2024 (+9.4%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
Figures last updated on .
- With a mortgage
- $1,560 (±$88)
- Without a mortgage
- $738 (±$77)
- Owned with a mortgage
- 57.2%
Monthly owner costs in Belvidere Township
| Belvidere Township | Boone County | Illinois | United States | |
|---|---|---|---|---|
| With a mortgage | $1,560 (±$88) | $1,635 (±$62) | $1,987 (±$6) | $1,963 |
| Without a mortgage | $738 (±$77) | $778 (±$34) | $792 (±$4) | $638 |
| Owned homes with a mortgage | 57.2% (±4.4 points) | 60.1% (±3.2 points) | 60.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $4,225 (±$440) | $4,735 (±$227) | $5,298 (±$22) | $3,119 |
Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.
In Belvidere Township, the median cost with a mortgage is not measurably different from Boone County ($1,635).
It is also lower than in Illinois ($1,987).
It is lower than the national figure ($1,963).
In Boone County, Belvidere Township ranks 9 of 15 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 907 of 2,589.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Belvidere Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,426 (±$58) | $1,560 (±$88) | +9.4% | Down after inflation |
| Median real estate taxes | $3,892 (±$183) | $4,225 (±$440) | +8.6% | Down after inflation |
| Median home value | $145,300 (±$8,243) | $198,300 (±$11,159) | +36.5% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median monthly cost with a mortgage in places near Belvidere Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Belvidere Township | — | $1,560 (±$88) | — |
| Belvidere | 1.1 mi | $1,433 (±$57) | Lower |
| Timberlane | 3.9 mi | $2,455 (±$265) | Higher |
| Candlewick Lake | 4.9 mi | $1,557 (±$129) | Not measurably different |
| Flora Township | 5.2 mi | $1,440 (±$208) | Not measurably different |
| Poplar Grove | 5.4 mi | $1,807 (±$187) | Higher |
| Cherry Valley | 5.4 mi | $1,784 (±$248) | Not measurably different |
| Caledonia | 6.0 mi | $1,201 (±$191) | Lower |
| Caledonia Township | 6.2 mi | $1,713 (±$192) | Not measurably different |
Nearby places with a measurably lower figure: Belvidere, IL ($1,433), Caledonia, IL ($1,201).
Nearby places with a measurably higher figure: Timberlane, IL ($2,455), Poplar Grove, IL ($1,807).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Boone County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 3 | Bonus Township | $1,988 (±$330) |
| 4 | Poplar Grove | $1,807 (±$187) |
| 5 | Caledonia Township | $1,713 (±$192) |
| 6 | Spring Township | $1,704 (±$160) |
| 7 | Poplar Grove Township | $1,699 (±$190) |
| 8 | LeRoy Township | $1,635 (±$140) |
| 9 | Belvidere Township | $1,560 (±$88) |
| 10 | Candlewick Lake | $1,557 (±$129) |
| 11 | Flora Township | $1,440 (±$208) |
| 12 | Boone Township | $1,436 (±$94) |
| 13 | Belvidere | $1,433 (±$57) |
| 14 | Capron | $1,390 (±$122) |
| 15 | Caledonia | $1,201 (±$191) |
Showing 13 of 15 places in Boone County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Belvidere Township
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Belvidere Township beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Belvidere Township, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Belvidere Township, and send estimates and invoices from your phone.
Questions about Belvidere Township
What is the average mortgage payment in Belvidere Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Belvidere Township, IL is $1,560 (±$88) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Belvidere Township?
Owners without a mortgage in Belvidere Township pay a median of $738 (±$77) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Belvidere Township gone up?
In Belvidere Township, the median monthly cost with a mortgage went from $1,426 in 2015–2019 to $1,560 in 2020–2024 (+9.4%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Belvidere township, Boone County, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Belvidere township, Boone County, Illinois
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Belvidere township, Boone County, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Belvidere township, Boone County, Illinois
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Belvidere township, Boone County, Illinois
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Belvidere township, Boone County, Illinois (county subdivision:05105, in state:17 county:007).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Belvidere Township at a glance
- Median rent in Belvidere Township
- Rent by bedrooms in Belvidere Township
- Rent burden in Belvidere Township
- Renters and owners in Belvidere Township
- Income and affordability in Belvidere Township
- Home values in Belvidere Township
- Property taxes in Belvidere Township
- Types of homes in Belvidere Township
- Bedrooms in Belvidere Township
- Age of homes in Belvidere Township
- Heating fuel in Belvidere Township
- Commute and cars in Belvidere Township
- Population growth in Belvidere Township
- How long people stay in Belvidere Township
- Crowding and facilities in Belvidere Township
- Illinois landlord and tenant rules
- Housing across Boone County
- Housing data for every place in Illinois